Electroneum Mobile Miner is live

meep · 05-03-2018 4:54pm #1

Electroneum finally launched their mobile miner today.

Now, users of their android app can 'mine' ETN with the promise of 'a few US dollars of ETN value per month by running the app in the background'

It's not real mining - they just benchmark your device and simulate the mining experience.

For example, my 2016 Sony Xperia XZ is chugging awy at 17 H/s. People with fancier phones are reporting 40 H/s.

It's not clear how those rates relate to actual mining and it remains to be seen how long t takes to generate any actual coins but as a move to bring mining to the masses, it's an intereting one.

Good news is, because it's simulated, it doesn't hog battery or data and won't overheat your phone.

messinkiapina · 05-03-2018 6:41pm

meep wrote: »

Electroneum finally launched their mobile miner today.

Now, users of their android app can 'mine' ETN with the promise of 'a few US dollars of ETN value per month by running the app in the background'

It's not real mining - they just benchmark your device and simulate the mining experience.

For example, my 2016 Sony Xperia XZ is chugging awy at 17 H/s. People with fancier phones are reporting 40 H/s.

It's not clear how those rates relate to actual mining and it remains to be seen how long t takes to generate any actual coins but as a move to bring mining to the masses, it's an intereting one.

Good news is, because it's simulated, it doesn't hog battery or data and won't overheat your phone.

Interesting. Do u have a link to where it can be downloaded?

meep · 05-03-2018 6:59pm

In the Android Play Store or Apple App Store. Search 'Electroneum'

(though mining is only available on Android right now - they're trying to get it approved by Apple at the moment).

lifeandtimes · 05-03-2018 8:22pm

Downloaded it earlier.

Currently at 0.1 etn

BrokenArrows · 05-03-2018 8:41pm

I installed it. Getting 35 h/s

Can you install it on a load of old phones without having different phone numbers.

unkel · 05-03-2018 8:43pm

BrokenArrows wrote: »

I installed it. Getting 35 h/s

Nice phone, what is it?

It will make you about €0.04 per day

BrokenArrows · 05-03-2018 8:54pm

unkel wrote: »

Nice phone, what is it?

It will make you about €0.04 per day

One Plus 5t. 4c im loaded. Depends on whether it kills my battery or not. If I don't notice it then I'll leave it running. 4c now, 4000000 in moon cents. Lol

meep · 05-03-2018 10:36pm

I’d say there’s scope to flash a custom bios and adjust memory timings to really boost the hash rate.

Problem is, if this catches on, wait til you see the prices of newer, more powerful handsets.

Oh, wait!

Shauny2010 · 05-03-2018 10:57pm

This is a great way to brick your phone, and all for a couple of cents/day
it makes no economic sense.

unkel · 05-03-2018 11:03pm

It's not really mining, Shauny2010.

And remember, BTC mining was also worth barely a few cents/day. The people who mined than and sold in recent times are all millionaires

meep · 06-03-2018 12:54am

Shauny2010 wrote: »

This is a great way to brick your phone, and all for a couple of cents/day
it makes no economic sense.

It’s just a harmless app and at the end of the day, just marketing, not mining.

unkel · 06-03-2018 2:45am

I installed it myself. Getting 21H/s on my rooted S7 with Google Pixel Edition 3.0 flashed . It mined 0.08 ETN in the last 5 hours or so. A whopping €0.02 per day

BrokenArrows · 06-03-2018 10:59am

been running mine for about 14 hours. 0.41 coins mined.

Im curious what the rate would be on a android running on a virtual machine on a laptop. Would it be equal to the hash rate of the desktop miner?

And by the way you can run it with the same account on multiple devices. But my old androids only get 5 H/s!!

BrokenArrows · 06-03-2018 11:08am

Im just setting up the direct miner on my laptop at the moment to see what the hash rate is. Just to get some comparison, ive no intention of actually mining.

Its going to take 3 hours to sync the node. Thats the most annoying thing about mining!!

meep · 06-03-2018 11:57am

BrokenArrows wrote: »

been running mine for about 14 hours. 0.41 coins mined.

Im curious what the rate would be on a android running on a virtual machine on a laptop. Would it be equal to the hash rate of the desktop miner?

And by the way you can run it with the same account on multiple devices. But my old androids only get 5 H/s!!

For fun, I set up BlueStacks on a failry basic i3 laptop. At 1800MB per instance, the miner reports 13 H/s. Spinning up a second simultaneous instance at 800MB, it reports a measly 3 H/s.

The inteesting part is that they allow multiple simulated instances. Wonder if there is a limit?

In any case, it's all academic as those rates and returns are far from worthwhile.

smacl · 06-03-2018 12:55pm

unkel wrote: »

I installed it myself. Getting 21H/s on my rooted S7 with Google Pixel Edition 3.0 flashed . It mined 0.08 ETN in the last 5 hours or so. A whopping €0.02 per day

Whereas if I mine ETN on my RX570 using Claymore I'm getting 720 h/s. I'm with Shauny2010 on this, I can't see the benefit for the miner in using a smartphone as a mining platform. I can see it as an advantage for the coin in terms of greater decentralisation and hence robustness, but this advantage isn't passed on the the miner. €0.02 per day profit for a €200 phone would take you 27 years to pay the phone off

lifeandtimes · 06-03-2018 3:44pm

smacl wrote: »

Whereas if I mine ETN on my RX570 using Claymore I'm getting 720 h/s. I'm with Shauny2010 on this, I can't see the benefit for the miner in using a smartphone as a mining platform. I can see it as an advantage for the coin in terms of greater decentralisation and hence robustness, but this advantage isn't passed on the the miner. €0.02 per day profit for a €200 phone would take you 27 years to pay the phone off

not for too long

https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/

smacl · 06-03-2018 5:12pm

lifeandtimes wrote: »

not for too long

https://techcrunch.com/2018/01/31/samsung-confirms-asic-chips/

Can't see any reason why they'd put mining ASICs in smartphones though, nor that a battery powered ASIC solution is either viable or sensible.

Shauny2010 · 06-03-2018 9:00pm

unkel wrote: »

It's not really mining, Shauny2010.

And remember, BTC mining was also worth barely a few cents/day. The people who mined than and sold in recent times are all millionaires

You are correct , it's not really mining at those sort of hash rates it is making nothing. But running hashes like that from those ARM cpus will brick your phone when the cpu overheats.
And yes I know about mining bitcoin for a few cent made millionaires for some but that ship has sailed.
Mining some obscure coin today from a phone will not make you a millionaire in 8 years.
Try 80,000 years

unkel · 07-03-2018 1:03am

Shauny2010 wrote: »

You are correct , it's not really mining at those sort of hash rates it is making nothing. But running hashes like that from those ARM cpus will brick your phone when the cpu overheats.

You missed my point entirely

It ISN'T mining. It's just pretending to be. It doesn't use any resources on your phone.

unkel · 07-03-2018 1:06am

smacl wrote: »

Whereas if I mine ETN on my RX570 using Claymore I'm getting 720 h/s.

Out of interest, why are you mining ETN? Surely other coins like ETH are far more profitable to mine?

smacl · 07-03-2018 8:36am

unkel wrote: »

Out of interest, why are you mining ETN? Surely other coins like ETH are far more profitable to mine?

I'm not, I briefly switched to check the performance versus a handheld. Currently mining ETH which is slowly paying the card off as expected. What it suggests to me is that the cost per hash on a battery powered mobile CPU is not competitive with a desktop GPU. Thus if there is genuine value to the coin in using many smaller devices doing the mining, the mining algorithm needs to reflect this such that it is actually worth doing for the miner. I think IOTA assumes this value to exist and dodges the mining issue by having transactions processed as the reward for processing other transactions. I assume the value of very many low powered devices doing the work lies with greater decentralisation, robustness and possibly scalability but have no idea how great this value is or how part of it is returned to the miners.

S.M.B. · 07-03-2018 11:05am

How many times does unkel have to say this ISN'T mining before it sinks in?

This is simply a promotional tool rewarding people for having the Electroneum app installed on a mobile device.

Looks like it's backfiring as people are struggling to realise something called and Electroneum Mobile Miner is actually just a mining 'experience' as they have put it.

https://electroneum.com/2018/03/05/electroneum-mobile-miner-made-live/

BrokenArrows · 07-03-2018 12:06pm

Well even if it wasnt actually mining it still had a bad effect on my battery.
I uninstalled it.

Tinder Surprise · 07-03-2018 12:14pm

BrokenArrows wrote: »

Well even if it wasnt actually mining it still had a bad effect on my battery.
I uninstalled it.

Anyway of analysing the connections the app makes? ..who knows, they could be gifting a few shít coins but actually drawing resources for more lucrative coins.

smacl · 07-03-2018 2:17pm

S.M.B. wrote: »

How many times does unkel have to say this ISN'T mining before it sinks in?

This is simply a promotional tool rewarding people for having the Electroneum app installed on a mobile device.

Looks like it's backfiring as people are struggling to realise something called and Electroneum Mobile Miner is actually just a mining 'experience' as they have put it.

https://electroneum.com/2018/03/05/electroneum-mobile-miner-made-live/

I get it. A very slow airdrop that kills your phone battery while giving you 'the mining experience TM' with an app that calls itself a miner but isn't on a platform unsuitable for mining. As a marketing idea it is right up there with Cherry Coke.

A pity the pretend mining doesn't pretend to have higher hash rates or it might be worth spinning up a bunch of pretend phones on VMs.

smacl · 07-03-2018 2:20pm

Tinder Surprise wrote: »

Anyway of analysing the connections the app makes? ..who knows, they could be gifting a few shít coins but actually drawing resources for more lucrative coins.

I wonder how many people who install apps like this would also have verification photos for the likes of Coinbase and Binance on their phones. Maybe a clever mining app could drag up some valuable and marketable nuggets after all

Dades · 07-03-2018 2:45pm

So you're suggesting that people who run this app are not the miner... but the mine? :pac:

messinkiapina · 11-03-2018 4:43am

Have mined a little over 6 coins in 6 days. Anyone know how to move those mined coins into the wallet on the app? When I go to the wallet tab, I get a message that its updating the Blockchain, but it seems to just time out and my wallet balance is still at zero.

rapul · 17-03-2018 11:07pm

Just after getting this setup on an old phone 4H/s haha sure why not!

kilburn · 25-03-2018 5:46pm

Are many using this app?

kilburn · 13-05-2018 5:10pm

Anyone still using this and if so pass on your referral code

messinkiapina · 13-05-2018 5:27pm

kilburn wrote: »

Anyone still using this and if so pass on your referral code

Still using it. I'm getting about 8 ETN a day. About 15 cents a day currently. I suppose over the course of a year it's a worth about 50 quid I think? So not bad for nothing. If it 2Xed of 3Xed would be very nice indeed.

My referral code is F9B64D

Feel free :pac:

drunkmonkey · 13-05-2018 5:40pm

Just tried it getting 50.5 H/s on phone.

messinkiapina · 13-05-2018 5:42pm

drunkmonkey wrote: »

Just tried it getting 50.5 H/s on phone.

Nice. I'm running at 30 H/s which gets me 8 ETN a day.

kilburn · 13-05-2018 7:14pm

messinkiapina wrote:

My referral code is F9B64D

Used it there

messinkiapina · 13-05-2018 7:29pm

kilburn wrote: »

Used it there

Thanks kindly

I didn't even realise there was a referral program before you said.

aboysham · 13-05-2018 8:08pm

Just signed up for this, my referral code is DEA84B if anyone cares to use it.
Don't know what you get for this.

kilburn · 13-05-2018 8:42pm

aboysham wrote:

Just signed up for this, my referral code is DEA84B if anyone cares to use it. Don't know what you get for this.

Did you use a code when you signed up?

aboysham · 13-05-2018 9:46pm

Yes, the one you posted earlier, thanks.

kilburn · 13-05-2018 10:13pm

aboysham wrote:

Yes, the one you posted earlier, thanks.

Better put up my referral code so

D494B3 if anyone is signing up try to make sure everyone gets at least one referral

Kenny Logins · 14-05-2018 2:25pm

Love this review -

Well the app looks good, but I found out that my mining speed is 30 H/s. According to electroneum price and calculating, it would take me 1 year to get 1800$. So basically, a waste of time...

This (30 H/s) can be done on a phone costing 10% of that return. if this was true, I'd buy 10 phones and run them for a year. :pac:

ct5amr2ig1nfhp · 14-05-2018 2:50pm

Have any of you tried mining Electroneum on a PC?

meep · 14-05-2018 3:20pm

Kenny Logins wrote: »

Love this review -

This (30 H/s) can be done on a phone costing 10% of that return. if this was true, I'd buy 10 phones and run them for a year. :pac:

eh, no.

Optimistically assuming your 30 H/s brings in 10 ETN p/d*, at 0.017p, that's ~£62 p/a. Hardly worth doing it for profit at those rates.

*In reality, it's not getting naywhere close to 10ETN per day at that rate.

Kenny Logins · 14-05-2018 3:46pm

meep wrote: »

eh, no.

Optimistically assuming your 30 H/s brings in 10 ETN p/d*, at 0.017p, that's ~£62 p/a. Hardly worth doing it for profit at those rates.

*In reality, it's not getting naywhere close to 10ETN per day at that rate.

Yeah, I know. I have it running (for the laugh) for about 18 hours now, also at 30 H/s and showing 5.56 ETN or $0.13 ish.

The_B_Man · 14-05-2018 9:59pm

What's the catch with the mobile miner? Are they collecting wireless data or phone metrics or something?
Nothing is free these days so I'd be a little suspicious.

Electroneum Mobile Miner is live

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